Residential Income

Lapeer, MI Residential Income Properties for Sale

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Two-Unit Duplex with Garage
Updated: Apr 23
Two-Unit Duplex with Garage

220 W Park Street, Lapeer, MI 48446

$198,000
1,621 sqft 0.17 AC lot
Two‑unit duplex with 1,621 square feet of building area
Fully rented residential property
Main‑level unit includes 2 bedrooms, hardwood floors, updated bathroom, laundry area, side porch, and garage access
Upper unit features an open interior layout
Refrigerators and stoves included
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6-Unit Renovated Apartment Building
Updated: Jun 18, 2024
6-Unit Renovated Apartment Building

315 E Nepessing St, Lapeer, MI 48446

$700,000
4,850 sqft
6‑unit apartment building with three 1‑bedroom and three 2‑bedroom apartments
100% occupied with annual leases
Interior and exterior renovations completed in 2022
Walkable to downtown Lapeer
Close to freeway access
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 2 Active listings in Lapeer, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Three-Unit Multifamily Property
Updated Three-Unit Multifamily Property

11472 E Lippincott Boulevard, Davison, MI 48423

$325,000
3,085 sqft 5.00 AC lot

Separately metered residences offer distinct layouts, outdoor areas, and recent major-system improvements.

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Two-Story Triplex with Garage
Two-Story Triplex with Garage

4355 LAPEER Road, Burton, MI 48509

$295,000
2,800 sqft 0.78 AC lot

Three separately metered units include a primary residence and two rented one-bedroom apartments.

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Triplex With Separate Utilities
Triplex With Separate Utilities

4355 LAPEER Rd, Burton, MI 48509

$295,000

Three-unit property combines a primary residence with two one-bedroom apartments and separately metered systems.

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Remodeled One-Bedroom Income Property
Remodeled One-Bedroom Income Property

704 E Flint #3, Davison, MI 48423

Contact for pricing

Second-floor apartment with updated finishes, shared basement laundry, and included water, gas, and electricity.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Development Land
Residential Development Land

Millville Road, Lapeer, MI 48446

$3,579,986
33.64 AC lot

Entitled land for a to-be-built community featuring 124 single-family homes and 175 single-story apartment homes.

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Lapeer Land Ready to Build
Lapeer Land Ready to Build

VL Whisper Ridge Drive, Lapeer, MI 48446

$399,900
55.46 AC lot

55+ acre residential land parcel in Lapeer, Michigan.

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36 Acres Ready to Build
36 Acres Ready to Build

Lapeer, MI 48446

$299,900
36.33 AC lot

36+ acre residential land in Elba Twp, Michigan.

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87.55 Acres of Wooded Land
87.55 Acres of Wooded Land

Lapeer, MI 48446

$419,900
87.55 AC lot

87.55 acres of wooded land suitable for recreation.

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Off-Market Properties in Lapeer, MI

Consider similar Off-Market properties in Lapeer, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Lapeer, MI Residential Income Properties Market Trends and Statistics

Explore 7 residential income properties for sale in Lapeer, MI on our real estate platform. These investment opportunities span a total of 6,471 square feet of properties for sale, with an estimated market value of $898,000.

Sale prices for residential income properties in Lapeer, MI start at $198,000, averaging $449,000, and reaching up to $700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 3
Duplexes 2
Apartment buildings 1

Demographics Overview

Population 31K
Population Growth (5Y) -0.7%
Median Household Income $66,382
College Educated 26.6%

High-Yield Neighborhoods for Investment

Identify Lapeer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48446 $449K

Taxes & Financing

Tax Rate (average for all types) 3.36%
Property Tax per SF $70.76 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lapeer County

New Delisted

Total CRE Inventory on Market (SF)

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